Tesla CEO Elon Musk said the company plans to build an electric van “at some point,” but has been held back by battery-cell production constraints. The company is trying to overcome low output volumes by making its own cells. Musk has been talking about making an electric van for years, but other automakers like Ford… Continue reading Elon Musk said Tesla plans to build an electric van eventually, but has been held back by battery cell output (TSLA)
Author: Business Insider
Elon Musk says Tesla has held ‘preliminary discussions’ to license its Autopilot software to other manufacturers (TSLA)
Elon Musk said Tesla has held early talks to license its software with other car manufacturers. The CEO has said in the past he is not looking to edge out other competitors, but rather simply advance the technology. Musk said the “full self-driving” software may be functional without an operator within the year, reaching Level… Continue reading Elon Musk says Tesla has held ‘preliminary discussions’ to license its Autopilot software to other manufacturers (TSLA)
Elon Musk says Tesla’s Cybertruck engineering is done and deliveries may start this year ‘if we get lucky’ (TSLA)
Tesla’s Cybertruck could hit the road as early as this year, Tesla CEO Elon Musk said Wednesday. On a conference call, Musk said the truck’s design is complete. “If we get lucky, we’ll be able to do a few deliveries toward the end of this year, but I expect volume production to be in 2022,”… Continue reading Elon Musk says Tesla’s Cybertruck engineering is done and deliveries may start this year ‘if we get lucky’ (TSLA)
Elon Musk hits back at Waymo’s CEO after he said Tesla was ‘no competitor at all’ (TSLA)
Elon Musk hit back at claims from Waymo CEO John Krafcik that Tesla is not a viable competitor in the autonomous-vehicle market. Musk called Waymo, which began as a Google project, out on Twitter Sunday, saying, “Tesla has better AI hardware and software than Waymo.” The Tesla CEO was responding to incendiary comments from Krafcik… Continue reading Elon Musk hits back at Waymo’s CEO after he said Tesla was ‘no competitor at all’ (TSLA)
Uber lays off 15% of Postmates’ workforce just 3 months after buying the food delivery app. Postmates founder Bastian Lehmann is reportedly among those let go.
Uber laid off around 185 Postmates staff on Thursday, sources told The New York Times. This included Bastian Lehmann, the founder and CEO of the food delivery app, the sources said. Uber bought the app in 2020, and the layoffs feed into Uber’s plan to better integrate Postmates and Uber Eats, the sources said. Visit Business… Continue reading Uber lays off 15% of Postmates’ workforce just 3 months after buying the food delivery app. Postmates founder Bastian Lehmann is reportedly among those let go.
One of the first Tesla Roadsters ever made just auctioned for $182,000 — nearly double its original price
The original Tesla Roadster is the first car Tesla ever made. The first 100 Roadsters built were part of the limited-edition “Signature One Hundred” series. No. 38 just sold for $182,000 on car auction website Bring a Trailer. Visit Business Insider’s homepage for more stories. There’s no doubt Tesla is a big deal, and perhaps… Continue reading One of the first Tesla Roadsters ever made just auctioned for $182,000 — nearly double its original price
Elon Musk says he’ll throw $100 million into carbon capture tech. VCs including Vinod Khosla told us these 4 startups are leading the way.
Tesla chief Elon Musk said Thursday that he’s putting $100 million towards a prize for the “best” carbon-capture technology. Scientists say carbon capture is necessary to achieve the goals under the Paris Agreement, which the US just rejoined. We talked to top VCs including Vinod Khosla in December about which startups to watch, and they… Continue reading Elon Musk says he’ll throw $100 million into carbon capture tech. VCs including Vinod Khosla told us these 4 startups are leading the way.
Rivian uses one of Elon Musk’s favorite job-interview techniques to determine which candidates stand out from the pack (TSLA)
Rivian and Elon Musk note the amount of detail job seekers use to describe problems they’ve faced. To Musk, too little detail indicates you’re overstating the role you played. For Rivian, failing to give credit to coworkers suggests you’re not a team player. Visit Business Insider’s homepage for more stories. Rivian CEO RJ Scaringe and… Continue reading Rivian uses one of Elon Musk’s favorite job-interview techniques to determine which candidates stand out from the pack (TSLA)
Billionaire investor Seth Klarman lambasts the Fed for distorting markets — and says Tesla’s stock has surged ‘seemingly beyond all reason’
Seth Klarman, president and CEO of the The Baupost Group Getty Images/ Scott Olson Billionaire investor Seth Klarman warns stimulus and interest rates are masking market risks. The Baupost chief compared investors to “frogs in water that is slowly being heated to a boil.” Klarman added that Tesla stock has surged “seemingly beyond all reason.”… Continue reading Billionaire investor Seth Klarman lambasts the Fed for distorting markets — and says Tesla’s stock has surged ‘seemingly beyond all reason’
An electric-car battery that can be charged as fast as filling up your gas tank was just shown off by a startup
An electric-car battery that can be charged in five minutes was announced on Monday. Standard electric-vehicle batteries take about 8 hours to fully charge. The faster-charging capability would make EVs more accessible to the general public. Visit Business Insider’s homepage for more stories. An electric-car battery that can be charged in 5 minutes, the amount… Continue reading An electric-car battery that can be charged as fast as filling up your gas tank was just shown off by a startup